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European Biostimulants Market: Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2023-2028

“European Biostimulants Market: Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2023-2028” provides a deep and thorough evaluation of the biostimulants market in the Europe on the basis of active ingredient (Humic Substances, Seaweed Extracts, Microbial Amendments, Trace Minerals, Vitamins & Amino Acids and Others), Application Method (Foliar Treatment, Soil Treatment and Seed Treatment), Crop Type (Row Crops, Fruits & Vegetables, Turfs & Ornamentals and Others), Form (Dry and Liquid Form) and Country (Germany, France, United Kingdom, Italy, Spain and Others). Biostimulants are substances or microorganisms that promote plant development throughout the crop lifespan. They comprise various active ingredients, such as fluvic acid, protein hydrolysates, seaweed extracts, inorganic compounds, microbes, and biopolymers. Biostimulants are widely applied to seeds, plants, foliar, and soil of various crops, such as fruits, vegetables, oilseeds, cereals, pulses, and grains. They enhance nutrient uptake, improve abiotic stress tolerance, and increase crop yield. Biostimulants reduce the need for fertilizers, improve plant traits, promote good crops, and enhance soil quality. They also aid in optimizing plant health, boosting natural defense systems, and increasing resistance to pests and diseases.

The rising consumption of organic food is one of the primary factors driving the market growth in the region. Biostimulants are widely used for organic farming of citrus, pome fruits, grape, olives, broccoli, cabbage, cucumber, carrots, onion, eggplant, cauliflower, turf, flowers, and ornamentals, as they boost crop vigor, production, quality, and sensitivity to abiotic stress. In addition to this, rising consumer demand for clean-label products that are farmed using natural substances and processes is acting as another growth-inducing factor. Furthermore, the increasing initiatives by the European Union (EU), such as the Green Deal, which aims to reduce the utilization of synthetic chemicals and fertilizers and promote sustainable agriculture, are providing an impetus to the market growth. Along with this, the formation of the European Biostimulants Industry Council (EBIC) to ensure biostimulant technologies are treated as an integral part of sustainable agriculture represents another factor contributing to the market growth. Additionally, the recent development of biostimulants from agro-food and industrial by-products, which aids in recycling and reducing waste, is positively influencing the market growth. Moreover, rising awareness among farmers regarding various product benefits as they are eco-friendly and organic and help plants cope with extreme conditions is favoring the market growth. Other factors, including increasing demand for sustainable agriculture, rising subsidies by regional governments, increasing investment in research and development (R&D) activities to formulate novel combinations of biostimulants, and rapid expansion of organic farming, are anticipated to drive the market growth.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the European biostimulants market and can also impact its future growth. Taking 2022 as the base year, the report covers the historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth-inducing factors, market restraints and recent developments have also been analysed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the European biostimulants market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the European biostimulants market in detail for the latest trends, outlook and opportunities.

The report analyses the competitive structure of the European biostimulants industry and provides the profiles of major players operating in the market. The price margins for the products, along with the various success and risk factors for manufacturers, have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the European biostimulants industry along the parameters of Porter’s Five Forces model. This model examines the degree of competition in the European biostimulants industry by analysing the threat posed by new entrants and substitutes and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report, which highlights the strengths, weaknesses, opportunities and threats pertaining to the European biostimulants industry. Furthermore, the value chain analysis of the European biostimulants industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

European Biostimulants Market Key Segments

Segmentation by Active Ingredient

  • Humic Substances
  • Seaweed Extracts
  • Microbial Amendments
  • Trace Minerals 
  • Vitamins & Amino Acids
  • Others

Segmentation by Application Method

  • Foliar Treatment
  • Soil Treatment
  • Seed Treatment 

Segmentation by Crop Type

  • Row Crops
  • Fruits & Vegetables
  • Turfs & Ornamentals
  • Others

Segmentation by Form

  • Dry
  • Liquid Form

Segmentation by Country

  • Germany 
  • France 
  • United Kingdom 
  • Italy
  • Spain
  • Others

The price margins for the products along with various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the European biostimulants industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the European biostimulants market by analyzing the threats posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the biostimulants industry. Furthermore, the value chain analysis of the biostimulants industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing and sales of the products, and their distribution.

Key questions answered in the report include

  • What is the historical and current scenario of the European biostimulants market?
  • What are the trends and developments in the European biostimulants market?
  • What is the market forecast of the European biostimulants market during 2023-2028?
  • What is the price analysis and forecast of the European biostimulants market?
  • What is the Porter’s five forces analysis of the European biostimulants market?
  • What is the SWOT analysis for the European biostimulants market?
  • What is the value chain analysis of the European biostimulants market?

The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the biostimulants industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analyzed and presented in the form of easily comprehensible charts, graphs and tables.
 

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